While some immigrants may not be able to get a driver’s license in Kansas, they can get car insurance. The Wichita Eagle reported on Nov. 2 that at least two insurance companies in the state offer policies to motorists with …
The Property Casualty Insurers Association of America is urging voters in Arizona to defeat Proposition 201, the “Homeowners Bill of Rights.” According to the ballot proposition, current Arizona law is “inadequate” in dealing with the state’s expanding population housing needs, …
Nationwide Insurance is offering up to 35 percent premium discounts along the Mississippi Gulf Coast to qualified policyholders who reinforce their houses against wind damage. Insurance Commissioner Mike Chaney says Nationwide is the first insurer to offer a discount through …
State Farm Fire & Casualty Cos. made questionable decisions in handling Hurricane Katrina claims, but a nearly two-year study found no pattern of fraud in Mississippi, according to a state agency report released Oct. 30. The 42-page report by the …
The Florida Hurricane Catastrophe Fund Advisory Council recently rattled the nerves of insurers when it presented its 2008 October bonding estimates. David Sampson, president of the Property Casualty Insurers Association of America, said that while he recognizes that the FHCF …
The insurance industry has unveiled results of a report finding that the North Carolina Insurance Underwriting Association, a.k.a. the Beach Plan, is not financially prepared to weather a major storm. According to the report, the Beach Plan has no more …
Alabama’s coastal property insurance crisis could be resolved by the state and cities working together to form special types of insurance companies to offer coverage, the state revenue commissioner said. Tim Russell, the former mayor of Foley, told a gathering …
Texas lawmakers have praised the state’s response to Hurricane Ike but are not quite so complimentary of the performance of the Federal Emergency Management Agency in the aftermath of the storm that made landfall in Galveston on Sept. 13. At …
The New York Liquidation Bureau said it has completed all necessary steps to bring to a close the ancillary receivership in New York of American Eagle Insurance Company, a Texas-based property/casualty firm declared insolvent in 1997. American Eagle had been …
Property Premiums Fall Sharply; P/C Insurers Post Q3 Losses; Some Sell Stock to Raise Cash for Surplus Woes Risk managers report that commercial policy renewal prices are continuing to drop even as insurers are battling a decline in statutory surplus. …
